Vijay Mallya offers to return 100pc public money

New Delhi Correspondent
Fugitive Indian liquor tycoon Vijay Mallya, wanted in the country to face trial for huge bank loan default and alleged money laundering amounting to about Rs 9,000 crore, on Wednesday offered to return cent per cent of “public money”.
Mallya, who has been fighting a legal battle against his extradition from the United Kingdom to India, claimed that he has been falsely dubbed as a “defaulter” by politicians and the media.
“I see quick media narrative about my extradition decision. That is separate and will take its own legal course,” he said in a series of tweets.
In September, a UK court had fixed December 10 as the date to deliver its verdict on whether Mallya, owner of the beer brand Kingfisher and defunct Kingfisher Airlines, can be extradited to India to face charges of fraud and money laundering.

“The most important point is the public money and I am offering to pay 100 per cent back. I humbly request the banks and government to take it. If payback refused, WHY (sic),” he added.

Mallya, who fled to London in March 2016, is wanted in India over default of Rs 9,000 crore that was loaned to Kingfisher Airlines (KFA) by several banks.